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The Latest Breaking News from Selma Hepp

Government Reopens After 43-Day Shutdown: 5 Ways It Affected Americans’ Wallets

The longest government shutdown in history has ended after 43 days. President Trump signed a bill Wednesday night that extends funding through Jan. 30, 2026.

The average American homeowner lost $9,200 in home equity during the last year. It’s not a collapse but a 'long-term market correction'

The average American homeowner lost $9,200 in home equity during the last year. It’s not a collapse but a 'long-term market correction'

Borrower equity is the third-highest ever recorded, but Leo Pond from Four Seasons Sotheby’s told Fortune that a fast climb uphill has turned into a plateau.

Typical Homeowner Lost $4k In Equity Since Last Year — What Can They Do About It?

Typical Homeowner Lost $4k In Equity Since Last Year — What Can They Do About It?

Soaring home prices that occurred earlier this decade also gave a massive boost to home equity in the United States, but lately the opposite is happening in many markets. Read Next: I'm a Realtor:...

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Experts say Los Angeles rental prices will ‘inevitably’ spike post-wildfires

The LA housing crisis was dire before, but now hundreds of thousands of people are displaced.

Detroit dethrones Miami as fastest-appreciating housing market as home prices continue rising

U.S. home prices were up 5.2% in November 2023, the strongest annual growth rate since January of last year.

Looking for a housing price crash? That’s unlikely, real estate economists say

The nation‘s housing market is going through a correction, not a crash.

The Orange County Register

National home prices just bottomed out, says real estate data juggernaut CoreLogic

"Prices in most markets have already bottomed out" says Selma Hepp, Chief Economist for CoreLogic.

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Is this a home price bottom or a head-fake? 79 major housing markets saw gains in February while 19 declined

Is this a home price bottom or a head-fake? 79 major housing markets saw gains in February while 19 declined

The home price correction is running out of steam—fast.

A bifurcated housing market: Average Idaho homeowner sees equity decline by $21K while typical Florida homeowner gained $49K in 2022

A bifurcated housing market: Average Idaho homeowner sees equity decline by $21K while typical Florida homeowner gained $49K in 2022

Even as the housing slump sees national home prices come down a bit, most homeowners are still up big-time.

What mortgage company changes mean for your home loan

What mortgage company changes mean for your home loan

It’s been a bumpy ride for mortgage companies lately

The Independent UK

Inflation dips in November, as gasoline savings eclipse grocery price increases

Inflation dips in November, as gasoline savings eclipse grocery price increases

A new government report shows inflation cooled a bit in November. But prices are still climbing and the Federal Reserve is preparing to raise interest rates again.

Mortgage rate forecast for June 2022: Recession worries may keep rates in check

Many factors are putting upward and downward pressure on mortgage rates, and prospective borrowers have observed a seesaw pattern in the cost to finance a home recently.

Tribune News Service

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